CCI rejects allegations of price fixing against Ola and Uber

Fair trade regulator the Competition Commission of India (CCI) on Tuesday rejected allegations of price fixing against app-based taxi service providers Ola and Uber, saying that drivers acceding to "algorithmically determined prices" by the platforms does not amount to collusion between them.
 
In a 13-page order, CCI also dismissed complaints that Ola and Uber are imposing a resale price maintenance system on the drivers as well as alleged price discrimination.
 
For the model followed by cab aggregators, estimation of fares are done by algorithms on the basis of large data sets. Apart from personalised information, various other factors